Abubakar Malami (SAN), the former Attorney General of the Federation and Minister of Justice, has been charged with money laundering by the Economic and Financial Crimes Commission (EFCC).
The Nation reports that Malami will be charged with sixteen counts.
He was accused by the EFCC under Section 15(2)(d) of the Money Laundering (Prohibition) Act, 2011, as amended, and was subject to punishment under Section 15(3).
He, his son Abdulaziz, and Hajia Bashir Asabe, an employee of Rahamaniyya Properties Limited, are all indicted.
Malami was accused of laundering almost ₦9 billion to purchase upscale homes in Abuja, Kebbi, Kano, and other locations in the first of three series of charges.
The ex-AGF must explain how he acquired roughly thirty homes for ₦212.8 billion.
According to reports, the most of them were obtained during his eight years in office as part of the late President Muhammadu Buhari’s administration.
Some of the properties may be seized by the EFCC using the Non-Conviction Asset Forfeiture section of its Establishment Act.
Anyone interested has a 14-day window to provide justification for why the assets shouldn’t be turned over to the federal government.
The Federal High Court in Abuja has not yet provided the anti-graft commission with a start date for the trial.
The date of the charge sheet was December 23, 2025.
Jibrin Okutepa (SAN) and Ekene Iheanacho (SAN), along with fourteen other attorneys, will prosecute Malami in what seems to be the mother of all cases.
In compliance with the Administration of Criminal Justice Act (ACJA), no fewer than ten witnesses have been brought before the court.
The 16 accusations exposed how Malami used Metropolitan Auto Tech Limited for money laundering.
“That you, Abubakar Malami SAN and Abubakar Abdulaziz Malami, between July 2022 and June 2025 in Abuja within the jurisdiction of this Honourable Court, did procure Metropolitan Auto Tech Limited to conceal the unlawful origin of the total sum of ₦1, 014, 848, 500.00 (One Billion, Fourteen Million, Eight Hundred and Forty Eight Thousand Five Hundred Naira) in the Sterling Bank Plc Account No. 0079182387. As a result, you violated Section 21(c) of the Money Laundering (Prevention and Prohibition) Act 2022.
“That between September 2020 and February 2021 in Abuja, under the jurisdiction of this Honourable Court, you, Abubakar Malami SAN, as the Attorney-General of the Federation, and Abubakar Abdulaziz Malami, procured Metropolitan Auto Tech Limited to conceal the unlawful origin of the total sum of ₦600,013,460.4 in the Sterling Bank Plc Account No. 007918(c) of the Money Laundering Prohibition Act 2011, as amended by Act No. 1 of 2012).
“That you, Abubakar Malami SAN, while serving as the Attorney-General of the Federation and Abubakar Abdulaziz Malami in Abuja, within the jurisdiction of this Honourable Court, retained the entire amount of ₦600,000,000.00 in Metropolitan Auto Tech Limited as cash collateral for a loan of ₦500,000,000.00 granted to RAYHAAN HOTELS LTD by Sterling Bank Plc, and you thereby committed an offence against Section 18(c) of the Money Laundering Prohibition Act 2011 as amended, which is punishable under section 15(
“That you, Abubakar Malami SAN, while serving as the Attorney-General of the Federation, Abubakar Abdulaziz Malami, and Hajia Bashir Asabe, an employee of Rahamaniyya Properties Limited, indirectly concealed the unlawful origin of the total sum of ₦500,000,000.00 paid to Efab Properties Ltd. for the purchase of a property known as a luxury duplex at Amazon Street, Plot No. 3011 within Cadastral Zone A06 Maitama District, Abuja, when you had a crime against section 18(2)(a).
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